Hugs Child Care Inc

Hugs Child Care

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760642966 ✦ Conroe, TX ✦ Designated as a 501(c)(3)

Overview

What is Hugs Child Care Inc?

Hugs Child Care Inc, based in Conroe, Texas, is a nonprofit organization committed to providing care and education for children while their parents are at work. With a team of 18 dedicated individuals, they offer subsidized services to accommodate varying financial abilities of the parents. In the previous year, they catered to an average of 75 children, ensuring their well-being and growth through educational teaching. The organization, known as Hugs Child Care, operates under the mission of ensuring children's welfare and development during their parents' work hours.


Is Hugs Child Care Inc legitimate?

Hugs Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hugs Child Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $137,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,308

For more financial information, click here


What is the mission statement of Hugs Child Care Inc?
Who is the CEO of Hugs Child Care Inc?
What is the revenue of Hugs Child Care Inc?
Who are the executives of Hugs Child Care Inc and what are their salaries?
Where can I find the form 990 for Hugs Child Care Inc?

Mission Statement of Hugs Child Care Inc

Hugs Child Care Inc, as its mission statement suggests, is dedicated to providing care and education for children while their parents are at work. This nonprofit organization serves an average of 75 children annually, taking on the responsibility of their nurturing and teaching. The revenue and expenses of Hugs Child Care Inc are primarily utilized for the provision of quality care and education, ensuring a safe and stimulating environment for the children under their charge. Furthermore, the organization acknowledges the financial capabilities of the parents and subsidizes the costs where necessary, ensuring that no child is deprived of the care and education they deserve due to financial constraints.

Impact

This information is meant to be a general summary of Hugs Child Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Hugs Child Care Inc has a significant impact on the community by providing essential care and education to children while their parents are at work. Serving an average of 75 children over the last year in Conroe, TX, this organization uses its revenue and expenses to ensure that children receive the necessary support and education during their parents' working hours. By subsidizing costs based on parents' ability to pay, Hugs Child Care Inc ensures that all children, regardless of financial circumstances, have access to quality care and educational opportunities. Their mission of taking care of children with educational teachings fills a crucial need in the community, making a positive impact on both the children and their families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $83
  • Program Service Revenue: $627,596
  • Gross Receipts: $627,679

    • Assets and Liabilities:
  • Total Assets: $250,277
  • Total Liabilities: $0
  • Net Assets: $250,277
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NCI Shift 4 Payments

    Revenue

    $247,984

    BakerRipley

    Revenue

    $225,870

    State of Texas Child Care Relief

    Revenue

    $145,260

    Parent Payment Cash

    Revenue

    $8,482

    Organization Details

    Founding Year

    2008

    Principal Officer

    Marsha Gail Parker

    Main Address

    16737 Sprawling Oaks, Conroe, TX, 77385

    NTEE Category

    Code: P33 - Human services

    If you are a representative of Hugs Child Care Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.